Additionally, A/R financing companies also typically charge a weekly or monthly rate, meaning that the longer it takes for your customers to pay, the more fees you’ll need to repay….
States that implement ad valorem taxes should stay attentive to developments that may affect their market and revenue in the short term. One element of federal legalization may impact taxation…
References to federal income tax withholding don’t apply to employers in American Samoa, Guam, the Commonwealth of the Northern Mariana Islands (CNMI), the U.S. Virgin Islands (USVI), and Puerto Rico,…
The contribution margin ratio is calculated as (Revenue – Variable Costs) / Revenue. Very low or negative contribution margin values indicate economically nonviable products whose manufacturing and sales eat up…
If you wait to order until you have run out of inventory, then there will be a lag between when you place the order and when you can sell your…
How you communicate it is up to you, but make sure to memorialize your decision-who made it, when, and why – for later review. PDD is a flexible decision-making framework…
Your processes should all lead back to larger initiatives and business goals. Processes are the “how” of your business—this is how we achieve our goals. But they should connect to…
With ACH payments, a customer authorizes funds to be transferred from their bank account to a business’ bank account. But, as with any business decision, it’s important to understand your…